Bite-sized Insights about
 
Providing you with data-based insights about things happening around you.
Popular Insights
  • MTN Nigeria has dominated the country's telecommunications market over the years, accounting for the largest market share. All four operators, apart from 9mobile, recorded a significant increase in their subscriber base between May 2014 and March 2024.

    See more
    Only 10% of Nigerians earn above ₦100,000, according to the Nigerian Financial Services Market Report. This aligns with most reports about Nigeria, and it's in sharp contrast to the narratives online.
    See more
  • A Trend of Adult literacy rates of African countries

    Between 2018 and 2021, adult literacy rates across African nations exhibited significant disparities. Seychelles and South Africa led with literacy rates of 96% and 95%, respectively, indicating a high proportion of literate adults. Conversely, Chad had the lowest literacy rate during this period.

    These statistics underscore the uneven progress in educational attainment across Africa, highlighting the need for targeted interventions to improve literacy in lower-performing nations.

    See more

    Inflation rate in Nigeria increased to 31.7% in February 2024. Nigeria has the 13th highest inflation rate out of 186 countries and territories as of February 2024.

    The data showcases Argentina leading with 276%, followed by Lebanon and Syria. Seven of the top fifteen are African.

    See more
  • Nigeria was the seventh most populous nation in the world in 2020, with 206.1 million people. Projected to reach a population of 401.3 million by 2050, Nigeria will rank third after India (1st) and China (2nd). According to Institut national d'études démographiques' projections, Nigeria, Ethiopia, DR Congo, Egypt, Tanzania, and Kenya will be among the world’s top 20 most populous countries by 2050.

    See more
    Top ten African countries by estimated number of films produced annually

    The Nigerian movie industry, mainly financed via public or private funding and international grants, produces the most films in Africa, yearly. Nigeria produced more than double the number of films that the Ghanaian and Kenyan movie industries produce annually.

    See more

  • MTN Nigeria has dominated the country's telecommunications market over the years, accounting for the largest market share. All four operators, apart from 9mobile, recorded a significant increase in their subscriber base between May 2014 and March 2024.

    See more
  • Only 10% of Nigerians earn above ₦100,000, according to the Nigerian Financial Services Market Report. This aligns with most reports about Nigeria, and it's in sharp contrast to the narratives online.
    See more
  • A Trend of Adult literacy rates of African countries

    Between 2018 and 2021, adult literacy rates across African nations exhibited significant disparities. Seychelles and South Africa led with literacy rates of 96% and 95%, respectively, indicating a high proportion of literate adults. Conversely, Chad had the lowest literacy rate during this period.

    These statistics underscore the uneven progress in educational attainment across Africa, highlighting the need for targeted interventions to improve literacy in lower-performing nations.

    See more

Other Insights
  • The Western Pacific Region is projected to lead globally in nursing personnel by 2030, with an estimated 9.7 million nurses — more than Africa and Southeast Asia combined.
  • The Americas (8.9M) and Europe (8.2M) are expected to follow, maintaining high nurse-to-population ratios.
  • Africa (2.1M) and the Eastern Mediterranean (1.5M) are projected to remain lowest, despite growing health needs.
  • South-East Asia (5.5M) shows steady growth but still lags behind the top three regions.
  • The global nursing workforce is projected to reach 35.9 million by 2030, up 73% from 2013 — but growth remains uneven.
See more
         
  • Company Income Tax (Non-Oil) emerged as the largest contributor, accounting for over 30% of total tax revenue.
  • NCS-Import VAT followed closely, contributing 23.63%, emphasising the significance of import-related taxes to Nigeria's revenue.
  • Traditional oil-based taxes such as Petroleum Profit Tax/Hydrocarbon Tax and CIT (Oil & Gas) jointly contributed over 26%, showing that oil remains a vital but declining pillar.
  • Newer tax streams like the Electronic Money Transfer Levy and NASENI (National Agency for Science and Engineering Infrastructure) funding have emerged, but still make up less than 2% of total revenue.
  • Minor tax categories like Capital Gains Tax, NITDEF (National Information Technology Development Fund), and NPTFL (Nigeria Police Trust Fund) had negligible impact, each contributing less than 0.5%
See more
  • The United States of America led the production of black liquor with 696.0PJ produced, making up 38.9% of the global total produced in 2023.
  • South Africa is the only African country producing black liquor with 16.4PJ produced, making up 1% of the global total.
  • The total amount of black liquor produced globally in 2023 was 1,787PJ.
  • Sweden, Canada, Finland and Japan produced 185.1PJ (10.4%), 157.9PJ (8.8%), 142.5PJ (8.0%), and 133.0PJ (7.4%), respectively.
See more
  • Per-user data usage more than doubled in 29 months.
  • The surge [was] driven by heavier usage, not more users.
  • February dips and year-end spikes show seasonal habits.
  • 2024 marked a lasting shift to higher monthly data use.

 

See more
  • In 1970, about 76.7% of Nigerian women of reproductive age were married, compared to 66.4% in 2024.
  • The trend shows a consistent decline in marriage rates among women of reproductive age over the past five decades.
  • Marriage among reproductive-age women in Nigeria is projected to drop further to 64.5% by 2030.
  • Between 1985 and 2005, the marriage rate among women in this group declined more sharply than in previous decades.
  • The data indicates a gradual but steady societal shift away from early or widespread marriage.
  • Modern factors such as education, urbanisation, and career options likely contribute to this ongoing decline.
  • This decline in marriage rates may have ripple effects on fertility trends, family size, and national planning.
See more
  • South Sudan and Zimbabwe have crossed 100% food inflation.
  • Three of the top five countries with the highest food inflation in Africa are in East Africa, showing a regional pattern of vulnerability.
  • Nigeria ranks 7th in Africa for food inflation at 21.3%, underlining persistent cost-of-living pressures despite being a major economy.
  • Liberia and Zambia round out the top 10 with double-digit food inflation.
  • Djibouti, Somalia, and Senegal are experiencing food price deflation, setting them apart from most African countries.
See more
  • Apapa Port accounted for 71.6% of Nigeria’s total trade value in Q1 2025 and 82.12% of total exports
  • Apapa Port handled ₦25.79 trillion worth of goods in Q1 2025, representing 71.6% of total trade. It remains the country’s primary trade hub, far surpassing all other ports combined.
  •  Apapa alone facilitated ₦17.74 trillion or 86.1% of Nigeria’s total exports, showing a high dependency on a single location for outbound goods.
  • Tin Can Island is the only meaningful secondary hub With ₦3.44 trillion (9.5%) in total trade, ranking a distant second. It’s the only other port contributing more than ₦1 trillion each to imports and exports.
  • Lekki has limited export impact, despite handling ₦1.70 trillion in imports. Lekki contributed only ₦0.30 trillion (1.5%) in exports, indicating underutilization for outbound trade.
  • Murtala Muhammed International Airport processed just ₦647.91 billion (1.8%) of total trade, reinforcing that Nigeria’s international trade remains heavily maritime-focused.
See more
         
  • From just $190 million in 2006, Lagos State's year-end external debt rose significantly to over $1.1 billion by 2024, a more than 500% increase over 19 years.
  • The highest year-end debt was recorded in 2017 at $1.47 billion, with a gradual decline afterwards, except for a brief rise again in 2022–2023.
  • By 2024, Lagos State's external debt dipped slightly to $1.17 billion, suggesting some debt service or currency gain effects.
  • If Lagos State paid off or borrowed funds in a given year, only the remaining unpaid amount by year-end is shown in the data.
See more
  • The Super Falcons have won 10 out of 13 WAFCON tournaments, a 77% win rate.
  • They have never failed to reach the semi final stage, finishing in second place once and fourth place twice.
  • The Super Eagles, by contrast, have won only 3 out of 34 AFCON tournaments.
  • The men's team has placed second 5 times and third 8 times, but failed to earn a medal in 18 editions.
  • WAFCON results show more consistency and dominance by Nigeria’s women’s team than the men’s team.
See more
  • Liberia leads with an ENPP of 6.44, showing the strongest balance of party influence in Africa.
  • Morocco (5.68) and Tanzania (5.64) follow closely, reflecting vibrant multiparty political systems.
  • East Africa is well represented, with both Tanzania and Kenya among the top five.
  • Malawi’s ENPP of 5.19 highlights its robust political competition despite its smaller size.
  • Countries such as Gambia, Benin, and Comoros maintain a healthy level of party competitiveness, underscoring diversity beyond larger nations.
See more
  • Teraco in South Africa is Africa’s largest data centre with 200 MW capacity.
  • Nigeria follows with a combined 110 MW from Rack Centre and MainOne.
  • Kenya leads East Africa with a 50 MW facility by Liquid Intelligent Technologies.
  • Morocco’s 40 MW Maroc Datacenter tops North Africa.
See more
  • Ethiopia leads Africa’s hydropower projects with the massive 6,450 MW Grand Ethiopian Renaissance Dam.
  • Three of Africa’s top ten hydroelectric plants are located in Ethiopia, signalling major investment in renewable energy.
  • The Kariba Dam, shared by Zambia and Zimbabwe, is the largest cross-border project on the list.
  • Nigeria’s Kainji Dam ranks tenth with 760 MW, highlighting a relatively lower capacity compared to continental leaders.
See more
1 2 3 90
  • The Western Pacific Region is projected to lead globally in nursing personnel by 2030, with an estimated 9.7 million nurses — more than Africa and Southeast Asia combined.
  • The Americas (8.9M) and Europe (8.2M) are expected to follow, maintaining high nurse-to-population ratios.
  • Africa (2.1M) and the Eastern Mediterranean (1.5M) are projected to remain lowest, despite growing health needs.
  • South-East Asia (5.5M) shows steady growth but still lags behind the top three regions.
  • The global nursing workforce is projected to reach 35.9 million by 2030, up 73% from 2013 — but growth remains uneven.
Read more
  • Company Income Tax (Non-Oil) emerged as the largest contributor, accounting for over 30% of total tax revenue.
  • NCS-Import VAT followed closely, contributing 23.63%, emphasising the significance of import-related taxes to Nigeria's revenue.
  • Traditional oil-based taxes such as Petroleum Profit Tax/Hydrocarbon Tax and CIT (Oil & Gas) jointly contributed over 26%, showing that oil remains a vital but declining pillar.
  • Newer tax streams like the Electronic Money Transfer Levy and NASENI (National Agency for Science and Engineering Infrastructure) funding have emerged, but still make up less than 2% of total revenue.
  • Minor tax categories like Capital Gains Tax, NITDEF (National Information Technology Development Fund), and NPTFL (Nigeria Police Trust Fund) had negligible impact, each contributing less than 0.5%
Read more
  • The United States of America led the production of black liquor with 696.0PJ produced, making up 38.9% of the global total produced in 2023.
  • South Africa is the only African country producing black liquor with 16.4PJ produced, making up 1% of the global total.
  • The total amount of black liquor produced globally in 2023 was 1,787PJ.
  • Sweden, Canada, Finland and Japan produced 185.1PJ (10.4%), 157.9PJ (8.8%), 142.5PJ (8.0%), and 133.0PJ (7.4%), respectively.
Read more
  • Per-user data usage more than doubled in 29 months.
  • The surge [was] driven by heavier usage, not more users.
  • February dips and year-end spikes show seasonal habits.
  • 2024 marked a lasting shift to higher monthly data use.
 
Read more
  • In 1970, about 76.7% of Nigerian women of reproductive age were married, compared to 66.4% in 2024.
  • The trend shows a consistent decline in marriage rates among women of reproductive age over the past five decades.
  • Marriage among reproductive-age women in Nigeria is projected to drop further to 64.5% by 2030.
  • Between 1985 and 2005, the marriage rate among women in this group declined more sharply than in previous decades.
  • The data indicates a gradual but steady societal shift away from early or widespread marriage.
  • Modern factors such as education, urbanisation, and career options likely contribute to this ongoing decline.
  • This decline in marriage rates may have ripple effects on fertility trends, family size, and national planning.
Read more
  • South Sudan and Zimbabwe have crossed 100% food inflation.
  • Three of the top five countries with the highest food inflation in Africa are in East Africa, showing a regional pattern of vulnerability.
  • Nigeria ranks 7th in Africa for food inflation at 21.3%, underlining persistent cost-of-living pressures despite being a major economy.
  • Liberia and Zambia round out the top 10 with double-digit food inflation.
  • Djibouti, Somalia, and Senegal are experiencing food price deflation, setting them apart from most African countries.
Read more
1 2 3 179

Can’t find what you’re looking for? Please fill the form below
Contact Form Demo
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form

A product of Techpoint Africa. All rights reserved